The Centrifuge Crowdloan for the DOT auctions is now LIVE!

Helena
Centrifuge
Published in
2 min readDec 15, 2021

We are VERY excited to announce that the crowdloan of all crowdloans, is now officially open for its bid to win the DOT auctions!

Centrifuge gets DeFi into the hands of people and businesses that need access to financing. By contributing to the crowdloan, you are helping realize the infinite potential of Real World DeFi by helping real businesses tap into DeFi liquidity!

🚀 Contribute now 🚀

Reward Adjustment!

We have listened to feedback from our committed community, which is the most important voice for us, and we have decided to adjust the bonuses. There is now no fixed base reward.

We are excited to announce that we have 65.7 Million tokens, 15% of the total CFG supply, reserved for contributors to our DOT crowdloan.

The reserved supply will be distributed to all crowdloan participants as a base reward (this does not include bonuses, which are minted on top!).

All the other rewards that we’re famous for (Early bird, Referral, Heavyweight & Loyalty/Double Trouble) will remain the same!

Why contribute?

Centrifuge gets DeFi into the hands of people and businesses that need access to financing. Check out this video to learn more!

There are countless assets that we can plug into Centrifuge and DeFi and enable liquidity to flow. The benefits for the Polkadot ecosystem are also major — it will help grow Polkadot DeFi exponentially. Establishing Centrifuge as a Polkadot parachain is a crucial step for the long-term vision of DeFi, and we invite you to be part of this!

Read more about how Centrifuge connects Polkadot to a limitless market of Real-World Assets.

How to contribute

ICYMI here is the Crowdcast with Cassidy Daly & Will Pankiewicz on “How to participate in the Centrifuge Crowdloan”.

FAQs 🧐

Any other questions? We got you. Check out this FAQ doc for answers to any potential questions you may have regarding the Centrifuge crowdloan.

Useful Resources:

Centrifuge Parachain Website

Centrifuge News

Polkadot Auction Schedule

Parachain & Auction details

About Centrifuge

The untapped multi-trillion dollar market of real-world assets (RWA) is now entering Decentralized Finance (DeFi) through Centrifuge: the first protocol to connect DeFi to the real-world. Businesses are using Centrifuge today to access the liquidity that DeFi offers, while investors finance assets for an attractive, stable yield.

Centrifuge has one of the highest TVLs in the Polkadot ecosystem — and will be among the first to launch a Parachain on Polkadot. Centrifuge Chain is built on Polkadot for speed and low fees, while its financing Dapp, Tinlake, is built to tap into the liquidity available on the Ethereum network.

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Helena
Centrifuge

Growth @Centrifuge. Co-founder of Department of Decentralisation.